Trump: SI Should Replace AI, Anyone Continuing to Use the Term "AI" Will Be Deemed an "Enemy"

Per TradingBeats monitoring, the largest long position address for INTC (Intel) on Hyperliquid is 0x54b2…af8a, which opened a long position of ~$7.57 million in INTC at an average entry price of $71.40, with a liquidation price of $47.64. Its current holdings are ~105,950 INTC tokens, valued at ~$7.45 million, for an unrealized loss of ~$140,000. Data from the BIT stock platform shows Intel (INTC.O) plunged 22% in US after-hours trading. Intel projects Q4 revenue of $15–16 billion, versus market expectations of $17.1 billion.

Pendle issued a statement noting the protocol has no risk exposure to Binance. Both Pendle V2 and Boros are fully on-chain, non-custodial, with secure funds, their products are operating normally, and the project wishes all affected parties in the industry every success.

Binance issued an update on its security incident, stating initial investigations show the breach may involve a DevOps engineer’s laptop being compromised. Attackers exploited this access to enter service containers and submit unauthorized withdrawal transactions. No evidence of any wallet private key leaks has been detected so far. The total estimated impact is approximately $6.3 billion; Binance has frozen related assets with blockchain partners, with on-chain frozen assets totaling around $3 billion. The exchange will cover all losses via its SAFU fund and corporate funds, ensuring user funds remain secure. An updated proof of reserves will be released after the fix is completed. As an immediate measure, Binance has temporarily suspended deposits and withdrawals to conduct security checks, revoked authorizations for affected addresses, and is collaborating with law enforcement and blockchain intelligence partners to track and recover funds. A full technical post-mortem will be published once the investigation concludes and facts are verified. Please only access the latest developments through official channels.

According to monitoring by OnchainLens, the Binance hacker has started selling STRK, putting pressure on the market. Meanwhile, two Hyperliquid traders hold STRK short positions with a combined unrealized profit of $4.46 million, with one trader recording an unrealized gain of $1.61 million and the other $2.85 million.

Binance.US CEO Steve Gregory retweeted CZ’s statement on Binance’s hack and user fund security, adding that Binance.US users’ funds are fully independent and unimpacted. Binance and Binance.US are completely separate entities with no shared asset custody.

Sumitomo Mitsui Financial Group (SMFG) will invest approximately a 5% stake in SBI Startale Marketing, a joint venture of SBI Holdings and Startale Group, with the investment to be completed soon. SMFG and SBI will form a capital business partnership, aiming to leverage their customer base to develop financial services using the yen stablecoin JPYSC for use cases including asset management and payments. The joint venture is responsible for JPYSC application planning and blockchain financial product development; SMFG’s participation will further expand the stablecoin’s circulation and use cases. JPYSC, a trust-type yen stablecoin, is issued by SBI Shinsei Trust Bank with circulation handled by SBI VC Trade. It launched on June 24, and as of October 30, its outstanding issuance balance was approximately 20.8 billion yen. Sumitomo Mitsui Banking Corporation (SMBC), which has around 24 million individual customers, may consider using JPYSC for settlements and instant settlements of blockchain financial products in the future. SMBC is also advancing joint stablecoin issuance with Mitsubishi UFJ and Mizuho Group entities, and announced on October 16 that empirical tests have confirmed the feasibility of this joint issuance model.